Rental market snapshot for Hobbs, New Mexico
Hobbs, New Mexico Rental Property Market Overview
Hobbs, New Mexico is a city located in the southeastern corner of the state. According to the US Census, the population of Hobbs in 2021 is 39,756. The city is known for its oil and gas industry, and is home to several major oil and gas companies. It is also home to a variety of other businesses, including retail stores, restaurants, and entertainment venues. Hobbs is a great place to live, work, and play, and is a great place to raise a family.
The average rent for an apartment in Hobbs is $933. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has decreased by 0.00% over the past year.
Last Updated March 25, 2024
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Average monthly rent graph in Hobbs New Mexico | Cost of Living
- The most expensive ZIP code in Hobbs is 88240 with an average price of $1,188.
- The cheapest ZIP code in Hobbs is 88240 with an average price of $1,188.
Hobbs ZIP codes with the highest, most expensive rent
| # | ZIP Code | Average Rent |
|---|---|---|
| 1 | 88240 | $1,188 |
Live near Hobbs, New Mexico's Top Sights and Attractions
Sanger Green Acres Park is a beautiful outdoor space located in Hobbs, New Mexico. It features a large lake with a fishing pier, walking trails, and plenty of open grassy areas perfect for picnics and outdoor activities. There are also several playgrounds, a disc golf course, and a skate park. The park is a great place to spend the day with family and friends, and is a popular spot for locals and visitors alike.
Veterans Memorial Complex is a tribute to the brave men and women who have served in the United States Armed Forces. It features a large memorial plaza with a granite wall inscribed with the names of local veterans, a reflecting pool, and a flagpole. The complex also includes a museum, which houses artifacts and memorabilia from the various branches of the military, as well as a theater that shows films about the history of the armed forces. Additionally, the complex hosts a variety of events throughout the year, including concerts, parades, and ceremonies honoring veterans.
Lovington Walking Trail is a scenic and peaceful walking trail located in Hobbs, New Mexico. The trail is a 1.5 mile loop that winds through a variety of habitats, including grasslands, woodlands, and wetlands. Along the way, visitors can enjoy views of the nearby lake, as well as a variety of wildlife. The trail is well-maintained and features benches, picnic tables, and interpretive signs. It is a great place for a leisurely stroll, bird watching, or a picnic.
City Park is a sprawling outdoor recreation area located in Hobbs, New Mexico. It features a large lake, walking trails, picnic areas, playgrounds, and a variety of sports fields. The park is a popular spot for fishing, boating, and bird watching, and is home to a variety of wildlife. It also features a skate park, a disc golf course, and a dog park. City Park is a great place to spend a day outdoors, enjoying the fresh air and natural beauty of the area.
Little Hiezer Park is a beautiful outdoor space located in a small town in New Mexico. It features a large pond with a fountain, a playground, and plenty of open grassy areas for picnics and outdoor activities. There are also walking trails, a gazebo, and a covered pavilion for events. The park is a great place to take a stroll, relax, and enjoy the scenery.
Washington Heights Park is a beautiful outdoor destination located in Hobbs, New Mexico. The park features a variety of activities and attractions, including a playground, walking trails, picnic areas, and a lake. There is also a large open field perfect for playing sports or having a picnic. The park also has a variety of trees and plants, making it a great spot for bird watching. Visitors can also enjoy the scenic views of the surrounding area from the top of the hill.
Harry McAdams Park is a large outdoor recreational area located in Hobbs, New Mexico. It features a variety of activities for visitors to enjoy, including a playground, walking trails, a disc golf course, and a fishing pond. The park also has a large picnic area with grills, a pavilion, and plenty of open space for outdoor games. There are also several sports fields, including baseball, softball, and soccer, as well as a basketball court. The park is a great place to spend a day outdoors with family and friends.
Turner Landscape is a stunning outdoor attraction located in the desert of New Mexico. It features a variety of colorful rock formations, including spires, arches, and hoodoos, as well as a variety of cacti and other desert plants. Visitors can explore the area on foot, or take a guided tour to learn more about the unique geology and wildlife of the area. The area is also popular for its stunning sunsets, which can be seen from the top of the rock formations.
Martin Luther King Soccer Complex is a premier outdoor sports facility located in Hobbs, New Mexico. It features two full-size soccer fields, a concession stand, and a playground. The complex is well-maintained and offers a great atmosphere for soccer players of all ages and skill levels. The fields are lined with lush green grass and have plenty of room for spectators to watch the action. The concession stand offers a variety of snacks and drinks to keep everyone energized. The playground is a great place for kids to have fun and burn off some energy. Martin Luther King Soccer Complex is a great place to spend an afternoon or evening playing soccer or just enjoying the outdoors.
Snyder Park is a large outdoor recreational area located in Hobbs, New Mexico. It features a variety of activities for all ages, including a large playground, a walking trail, a disc golf course, a fishing pond, and a picnic area. The park also has a variety of sports fields, including baseball, softball, and soccer. The park is well-maintained and offers plenty of shade from the hot New Mexico sun.
Hobbs, New Mexico area median rent change by ZIP code map
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How does Hobbs compare to other cities in New Mexico?
| city | median price |
|---|---|
| Taos | $2,195 |
| Rio Rancho | $1,895 |
| Los Lunas | $1,747 |
| Farmington | $1,450 |
| Las Cruces | $1,400 |
| Albuquerque | $1,400 |
| Holloman AFB | $1,350 |
| Clovis | $1,150 |
| Hobbs | $1,090 |
| Portales | $975 |
Average household income in Hobbs area graph - US Census
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The median household income in Hobbs in 2021 was $59,232. This represents a 24.3% change from 2011 when the median was $47,654.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 7.4% |
| 1 | $10,000 to $14,999 | 5.8% |
| 2 | $15,000 to $19,999 | 3.3% |
| 3 | $20,000 to $24,999 | 3.8% |
| 4 | $25,000 to $29,999 | 6.0% |
| 5 | $30,000 to $34,999 | 6.0% |
| 6 | $35,000 to $39,999 | 4.4% |
| 7 | $40,000 to $44,999 | 3.5% |
| 8 | $45,000 to $49,999 | 2.5% |
| 9 | $50,000 to $59,999 | 9.0% |
| 10 | $60,000 to $74,999 | 12.0% |
| 11 | $75,000 to $99,999 | 11.0% |
| 12 | $100,000 to $124,999 | 9.0% |
| 13 | $125,000 to $149,999 | 4.8% |
| 14 | $150,000 to $199,999 | 6.3% |
| 15 | $200,000 or more | 5.2% |
Neighborhoods in Hobbs
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